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The pair is uptrend today to get around the level of 0.8090-0.8100 in the chart of H1.
The pivot point is 0.8090
The level of support are 0.8086 0.8088
The level of resistance are 0.8092 0.8094
Moving Average Convergence Divergence MACD : 0.001 (indicating buy)
Commodity Channel Index CCI(14) : 154.32 (indicating buy)
Average Exponential Indicator ADX(14) : 20.41 (neutral trend)
Relative Strength Index RSI(14) : 57.72 (indicating buy)
Pair is trading the New Zealand dollar against the U.S. dollar was slightly positive, touching the barrier is now 0.8100, which we expect to resist the high price, especially since the stochastic enters overbought.
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Overall, the general trend upward will remain in place and likely supported by the MA 50, and the stability of daily closing price is above 0.8100 will support these expectations.
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Expected trading range for today is between: Support and Resistance 0.7980 0.8200
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General tendency is expected for today: rising
pair continues to trade within a narrow price range, the underlying trend is still - north, I think he will pull the course and the further north you go, I'm still waiting for fix (for sale) above the upper limit of 8107.
New Zealand dollar pair traded against the U.S. dollar was slightly positive, touching the barrier is now 0.8105, which we expect to resist the high price, especially since the stochastic enters overbought
Kyui also following Aussie its on the stronger side.The economy is growing up and up.Its remain steady though world economy in crisis.
Today its moving around 0.81 level.Making 600 pipd up from april low 0.75 level.
Its recovering huge and hope will do more.
couple did not respond to two signals to the south Ichimoku, and slowly approached the Ichimoku cloud top (which is supported), most likely will hang in a northerly direction along the trend.
On the Big trend = I see = The NZDUSD Now look to become still probably bulls . But please note = for intraday trade = this look to become sideways first. Look, that price now still consolidation near that resistance line at 0.8075 (daily TF). So, with this look = I see = the wait and see action for next nice price candle formation = better idea.
but nzd again today made another request for continued growth, the rate today broke the horizontal level and the previous high of 8109, if the course will be able to be enhanced above 8100, then to be at least 8150.
i think iske signals ko aur clear hone ka wait karna chahiye kyunki isne abhi resistence toda hai,
the most likely scenario
the pair can move down to test the 1st resistance on 0.8120
alternative scenario
the pair can move up to test the 1st support on 0.8080